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PUGET POWER RECEIVES BIDS FOR NEW ENERGY

 PUGET POWER RECEIVES BIDS FOR NEW ENERGY
 BELLEVUE, Wash., Jan. 21 /PRNewswire/ -- Puget Sound Power & Light


Co. (NYSE: PSD) received a total of 92 project proposals for about 4,600 average megawatts (aMW) in response to the company's request for bids for long-term conservation and generation resources, the company said today. In its second solicitation announced last September, Puget Power had asked for proposals for 100 to 200 aMW for delivery between 1995 and 1998.
 "Puget Power needs additional resources to meet growing customer energy needs, so we are very pleased with the responses," said Corey Knutsen, vice president, Corporate Planning. "We are particularly encouraged by the number of bids for conservation and renewable resources such as hydro, wind and geothermal."
 The company indicated a preference for these types of resources in its solicitation as well as for high-efficiency cogeneration (HEC). Knutsen explained that such a facility is designed to use one fuel resource to produce two forms of useful energy.
 In pursuing additional conservation resources, Puget Power requested proposals for residential, commercial and industrial facilities, and multi-family housing. Within the multi-family housing sector, about an equal amount of bids were received for insulated doors and glass and building insulation. No bids were submitted by large Puget Power customers who own or operate existing commercial or industrial facilities.
 Knutsen noted that, in addition to competitive bidding, Puget Power's options for acquiring additional resources include the company's own conservation programs and generation projects, and other power purchase contracts.
 "Our resource acquisition plan calls for a diverse mix of resources that will provide cost effective, reliable energy service to customers with low environmental impacts," he said.
 Selection of a short list of project proposals will be announced mid-March, and the preliminary award group will be selected in early April.
 A summary of the bids received follows.
 SUMMARY OF BIDS RECEIVED BY PUGET POWER
 EST. AVERAGE
 BIDS RESOURCE MEGAWATTS
 5 Conservation-Residential 12
 5 " Commercial/Industrial 24
 " Multi-Family 11
 8 " Doors
 9 " Glass
 7 " Building Insulation
 33 Gas-Cogeneration 2,696
 8 Gas-Independent Power Producers 1,444
 4 Geothermal 155
 6 Hydroelectric 148
 1 Landfill Gas 20
 1 Municipal Solid Waste 18
 3 Wind 44
 1 Wood 17
 1 Other 9
 TOTAL
 92 12 Resources 4,598
 -0- 1/21/92
 /CONTACT: Teri Van Duine of Puget Sound Power & Light,


206-462-3744/
 (PSD) CO: Puget Sound Power & Light Co. ST: Washington IN: OIL SU:


SC-LM -- SE009 -- 2092 01/21/92 17:10 EST
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Date:Jan 21, 1992
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